TL;DR:
- eToro led a $12.5 million strategic funding round for the Extended perpetual futures exchange.
- Jump Crypto participated in the investment round alongside the financial brokerage platform.
- eToro’s profits from the crypto sector stood at $13 million during the first quarter of 2026.
The brokerage platform eToro successfully finalized a $12.5 million strategic funding round for Extended, a perpetual futures contract exchange operating onchain.
eToro leads a strategic investment in Extended@eToro is now a strategic investor in Extended. The investment round also marks the beginning of a partnership between Extended and @Zengo, a self-custody wallet recently acquired by eToro. The partnership will focus on expanding… pic.twitter.com/WZRDQq3Sqw
— Extended (@extendedapp) July 2, 2026
This capital injection seeks to bridge traditional trading environments with decentralized finance. The company used its X account to report that the strategic move is directly linked to its partnership with Zengo, a self-custody wallet firm acquired by the company earlier this year at an estimated valuation of $70 million.
Technical integration and infrastructure on StarkEx
The trading platform was founded by former employees of the fintech Revolut and formally opened its commercial operations in late 2024.
The exchange protocol is built on StarkEx, the onchain scaling engine developed by the firm StarkWare. According to the project’s technical data, this software allows processing transactions off the main chain to reduce operating costs while maintaining base-layer security.
The investment round also featured the active participation of venture capital firm Jump Crypto.
Zengo was originally founded in 2018. The technical design of its digital wallet was structured around multi-party computation (MPC) cryptography. This technology eliminates the need to safeguard traditional seed phrases and provides integrated features for token swaps, staking, and direct access to decentralized applications.
The eToro team began the process of integrating this non-custodial wallet technology within its own financial brokerage platform. According to the company’s corporate reports, this technical development broadens its digital asset stack and establishes a direct connection with blockchain-based infrastructure.
eToro’s financial performance in 2026
The financial results of the brokerage firm show a mixed evolution across its different business segments during the first part of the year.
In May 2026, the company reported that its net profits derived from crypto-asset operations reached $13 million during the first quarter of 2026. This figure represented approximately 5% of its total net trading profit, which consolidated at $258 million in the same three-month period.
The organization’s official balance sheets show a change compared to previous financial years. The $13 million generated by the crypto segment in the first quarter of 2026 reflects a decrease compared to the $46 million recorded by the company during the same quarter of 2025.
The next milestone for the involved companies will consist of the deployment of the first joint tools aimed at facilitating access to global markets through next-generation blockchain infrastructures.
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